This new guide covers updating the mencoder.exe and ffmpeg.exe files, tweaking the MEncoderTranscoder.cs file to enable multi-thread decoding.
I also look at using Transcode 360 with Media Browser this time and talk more about local vs network setups with WHS.
Hopefully users can follow this guide and get transcode 360 working. The guide is based on a 32bit Vista Media Center setup, I've not tried this on Windows 7 lately but things should work pretty much the same way.
Use at your own risk and make sure you have a full backup of your system before you start.
You can see the new wiki guide here it's in PDF so you need Adobe Reader.
Download mirror here